UAE’s Danube awards $40m deal to build Jewelz project

Danube Properties awards contract to Cast Construction to build its residential project Jewelz in Dubai

In June, Danube said that 85 percent of its recently-launched Jewelz project has sold out within two months of its market debut.

UAE-based developer Danube Properties has awarded a AED149.5 million ($40.6 million) contract to Cast Construction to build its residential project Jewelz located at Arjan, near Miracle Gardens, Dubai.

The developer’s 10th housing project, the AED300 million project offers 463 residential units, ranging from studio, one and two-bedroom apartments.

The project, which was launched this March, is scheduled for delivery in the first quarter of 2020.

Key amenities at the property include a health club, swimming pool, steam and sauna room, multi-purpose hall, jogging track, barbecue deck, badminton court and paddle tennis court.

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